Gauteng Business 2016 edition
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
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SPECIAL FEATURE<br />
build 79 new schools and renovate a further 300<br />
existing schools. Many of the numerous education<br />
institutions and research units within the province<br />
are highly rated both within South Africa and internationally.<br />
For instance, <strong>Gauteng</strong> is home to three<br />
of South Africa’s five top-ranked business schools.<br />
Technology<br />
<strong>Gauteng</strong> is a major hub for the ICT sector in South<br />
Africa and hosts the majority of the country’s largest<br />
media companies. A number of multinational<br />
technology companies — including Microsoft,<br />
IBM and Cisco — have a presence in <strong>Gauteng</strong>,<br />
where they operate alongside South Africa’s own<br />
technology firms. As the industrial and financial<br />
heartland of South Africa, the <strong>Gauteng</strong> province<br />
attracts a multitude of foreign and domestic ICTrelated<br />
investment and business. This is backed<br />
by a number of multi-billion rand support programmes<br />
directed towards ICT development by<br />
the <strong>Gauteng</strong> provincial government.<br />
Africa’s biggest subscription satellite television<br />
service provider, MultiChoice, and pay television<br />
channel provider, M-Net, are both based in<br />
<strong>Gauteng</strong>. Numerous radio stations are housed<br />
within the province, attracting millions of weekly<br />
listeners from many areas and language groups.<br />
There are four major cellular network operators in<br />
the province: Vodacom, MTN, Cell C and its partner<br />
Virgin Mobile, and Telkom.<br />
Housing<br />
<strong>Gauteng</strong>’s property market is internationally competitive.<br />
Returns on commercial property in the<br />
province currently outperform those in international<br />
business centres such as New York and London;<br />
more generally, property returns in <strong>Gauteng</strong> are<br />
favourable by many international comparisons.<br />
There is a thriving residential property market in<br />
<strong>Gauteng</strong>, backed by strong demand for housing in<br />
golf estates, cluster houses and condominiums. As<br />
one property expert remarked: “<strong>Gauteng</strong> is leading<br />
the market in high-end properties with long-term,<br />
stable returns on real estate.”<br />
Construction activity in <strong>Gauteng</strong> remains robust.<br />
General building and civil engineering are currently<br />
the largest construction sub-sectors in the province,<br />
and shopping malls and modern buildings continue<br />
to be built in every part of the province. These new<br />
buildings tend to be modern, well-built, and constructed<br />
to exacting and internationally competitive<br />
standards.<br />
The high level of construction activity has been accompanied<br />
by a concerted effort to improve inner<br />
city districts in <strong>Gauteng</strong>. These efforts have been<br />
driven by a partnership between lobby groups<br />
and the Affordable Housing Company, the JDA,<br />
and the Johannesburg Social Housing Company.<br />
In addition, the provincial government’s housing<br />
policy includes a strong focus on integrating human<br />
settlements and improving property and<br />
housing allocations.<br />
Dining out<br />
Authentic South African cuisine is available at a<br />
number of widely hailed restaurants throughout<br />
the province. <strong>Gauteng</strong> is renowned for the quality<br />
and breadth of its restaurant and fine dining options,<br />
which include Italian, Portuguese, Chinese,<br />
Japanese, Thai, Indian, Cape Malay and authentic<br />
African cuisine. The diversity of the provincial population<br />
has a positive influence on the range of food<br />
available within <strong>Gauteng</strong>.<br />
With so many activities to keep you busy on the weekends<br />
after a fruitful week of work, <strong>Gauteng</strong> really does<br />
offer residents the best of both worlds for business<br />
and pleasure, all under the warm African sun.<br />
GAUTENG BUSINESS <strong>2016</strong><br />
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